Decoherence -The challenge to scale any realistic quantum computer
For years, headlines have warned that quantum computers will one day crack Bitcoin's cryptography. As each new quantum computing milestone is announced, predictions quickly follow: Bitcoin is doomed. Wallets will…
Ethereum network revenue and market cap
At a current market price of $1,725 and a market cap of $ billion, Ethereum’s native network revenue of $ million daily does not justify its valuation on a traditional…
Don’t Miners need to keep selling their Bitcoin?
No. A new block being mined every ~10 minutes does not require a buyer to appear every 10 minutes. Think of mining as two separate events: Creating new bitcoin (the…
Why Bitcoin (and ethereum) are Facing Selling Pressure
Why Bitcoin Is Facing Selling Pressure Bitcoin's fundamentals are arguably stronger than ever: Public companies are accumulating BTC. Spot ETFs continue to hold enormous amounts of Bitcoin. Nation-state interest is…
The Great Bitcoin Selloff 2026
Why Are OG Bitcoin Holders Selling? What you’re seeing right now is a classic phase in Bitcoin cycles—but with some unique 2026 dynamics. Here are the real reasons early Bitcoin…
Bitcoin versus Ethereum – Network Costs
Is the Cost of Maintaining the Ethereum Network Lower Than the Bitcoin Network? Yes — the cost of maintaining the Ethereum network is dramatically lower than the cost of…
The Paradox of Independence: From the Federal Reserve to Bitcoin
The Paradox of Independence: From the Federal Reserve to Bitcoin In the early twentieth century, the United States faced a recurring problem: financial instability. Bank runs, liquidity crises, and economic…
Bitcoin as the Financial Black Hole
Bitcoin as a Financial Black Hole Macro • Money • Physics Analogy Bitcoin as a Financial Black Hole Why Bitcoin may pull surrounding liquidity—dollars, gold, and capital—toward a new monetary…
Bitcoin Price Canonical Distribution?
```html Does Bitcoin’s Price Follow the Canonical Distribution? Short answer: No—Bitcoin’s price level is not well-described by a canonical (Boltzmann–Gibbs) distribution. But certain market microstructure quantities sometimes show…
Blockchain Data as a Physical System – Entropy
Blockchain Data as a Physical System: Using Machine Learning to Decode Bitcoin’s Dynamics The blockchain is more than an accounting ledger — it’s a self-organizing system whose behavior…